AMC Advantage

Association Management Companies Are Your Nonprofit's Path To Success

February 21st, 2016
Wisconsin-Based Association Acumen To Manage The Immunology Of Diabetes Society 15th International Congress

Association Acumen has been selected to manage the Immunology of Diabetes Society 15th International Congress. The Immunology of Diabetes Society is a scientific society dedicated to improving understanding and treatment of type 1 diabetes. Association Acumen will handle all pre-planning and onsite logistics for the 2016 Congress, which will be in San Francisco.

“We are very excited to manage the IDS Congress and will strive to make it the best ever,” Gail Bast, Association Acumen’s President, said. “Adam Snow, Meeting and Marketing Manager, will work with leaders to promote the Congress to multi-disciplinary members in diverse medical settings. Adam is an accomplished meeting professional with seven years of industry experience and has extensive event management skills, including site selection, contract negotiation, web registration, logistical planning and budget management.”

READ THE FULL STORY ON THE ASSOCIATION ACUMEN WEBSITE HERE

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Getting The AMC Advantage

According to a 2009 study by LoBue and Majdalany Association Management Group, nonprofits managed by Association Management Companies, or AMCs, generate greater operating surpluses, are more efficient, involve lower operating risks, enjoy more diverse revenue profiles, spend more on meetings, trade shows and educational activities, and pay, on average, a third less for the staffing, occupancy and capital costs than sibling standalone organizations. So, has your nonprofit considered being managed by a highly qualified AMC?

In 2015, a study of 167 associations shows that association management companies, or AMCs, deliver 317 percent more growth in net assets and 31 percent more growth in net revenue, as well as offering consistently higher income from products and services. The study was conducted by Dr. James Gaskin of Brigham Young University and drew data from a random selection of associations with a 501(c)(3) or 501(c)(6) tax status and budgets between $500,000 and $7.5 million. AMC Institute sponsored the study. In a statement for the media, Dr. Gaskin said, “Given the wide variety of associations surveyed, and the random sampling applied, the findings are remarkably consistent. When we analyzed the data, it was clear that AMC-managed associations of all sizes tend to be the strongest financially.”

Who’s Hiring AMCs?

Nonprofit associations all over the world are hiring AMCs for full-service and project management:

 

2018 AMC Clients
2017 AMC Clients
2016 AMC Clients
2015 AMC Clients
2014 AMC Clients
2013 AMC Clients
2012 AMC Clients
2011 AMC Clients
2010 AMC Clients

About Us

AMC Advantage is an online news service covers global developments in the Association Management Company market. AMCs are firms that, among other things, serve as nonprofit trade association and professional society headquarters.

Association Management Companies, or AMCs, are a growing global industry managing at least 1,800 organizations and serving at least 2.8 million members.

Click here to view an informational graphic from AMC Institute!
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